To innovate within the social sector, a shift in company culture and goals must occur. Technology has often been seen as a solution to innovate within this space, as shown through a study on small and medium enterprises around the world.

An important aspect to optimizing this relationship is to understand that the movement for corporate social responsibility is oftentimes a business tool or marketing ploy and these corporations cannot be expected to focus on developmental impacts.

We are a group of change makers working to build a more inclusive and sustainable world. Philanthrofi Advisory works across critical areas such as climate and environment, livelihoods and education, global health and nutrition, inclusive finance and agriculture.

For many years, corporations driven by the ideologies of capitalism have reigned over the world, pushing societies forward, creating technologies capable of accomplishing the impossible, and innovating within and beyond all known industries. However, there has been one sector that continues to push forward in a different direction.

Companies will increasingly be asked to report on the greenhouse gas emissions they produce to meet regulatory mandates and voluntary standards. Niche sustainability terms like the Greenhouse Gas Protocol, scope emissions, and carbon accounting will become key drivers for how a company will operate from 2023 and beyond.

The three key stakeholders make up the core of a company’s identity. These relationships are strengthened by how a company generates year-over-year growth by reducing costly employee turnover, how a company increases sales from a new generation of young professionals voting with their wallets, and how a company continues to generate alpha for its investors through strategic investments making their business more sustainable.

While Net Zero goals vary in timeframes and implementation methods, it is a target measuring a company’s ability to reduce greenhouse gas emissions to zero. Greenhouse gases like Carbon Dioxide and Methane are gases in the earth’s air that trap heat in our atmosphere and are the cause of global warming.

Non-Governmental Organizations, commonly known as NGOs, are typically nonprofit organizations that play a central role in humanitan, development, and philanthropic causes in the developing world. These organizations rely on grants from the U.S. Government, foundations, private sources, and other forms of fundraising to carry out programs to support and solve the most challenging issues of our generation.